Press release
Veterinary Cancer Therapeutics Market Segmentation, Size Analysis, Key Players Forecast To 2027
Precision Business Insights published a research report on "Veterinary Cancer Therapeutics Market by Product (Chemotherapeutic Agent, Vaccine, Others), By Cancer (Mast Cell Tumors, Lymphoma, Insulinomas, Chondrosarcoma, Others), By Species (Bovine, Porcine, Cats, Dogs, Others) and By Geographically- Global/Region Electrosurgical Devices Market/Country Forecast to 2027”. Global veterinary cancer therapeutics market was valued at US$ 245 Mn in the year 2020 and is anticipated to record US$ 483.55 Bn till 2027 witnessing a CAGR of 10.2% over the forecast period 2021-2027.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Global Veterinary Cancer Therapeutics Market By Product (Chemotherapeutic Agent, Vaccine, Others), By Cancer (Mast Cell Tumors, Lymphoma, Insulinomas, Chondrosarcoma, Others), By Species (Bovine, Porcine, Cats, Dogs, Others) and By Geographically- Global/Region Electrosurgical Devices Market/Country Forecast to 2027".
View Detailed Report Description at https://precisionbusinessinsights.com/market-reports/global-veterinary-cancer-therapeutics-market/
Growing R&D Investments to Develop Novel Cancer Therapeutics will Impel the Global Veterinary Cancer Therapeutics Market
One of the leading causes of death in pets is the cancer mostly in dogs. It can be of several forms like mast cell tumors and soft tissue sarcomas. Current developments in early detection, diagnosis and treatment increased the success rate of different treatments to prevent and cancer in Pet. The role of veterinary experts in the treatment of incurable cancer form to extend survival along with reducing the pet’s pain and improving the quality of life.
Global veterinary cancer therapeutics market is anticipated to witness significant growth rate due to the increase in meat consumption around the globe. Moreover, robust animal cancer pipeline and increasing animal health expenses are also projected to fuel the growth of the veterinary cancer therapeutics market growth during the forecast period. In addition, rising R&D investment for the development of cancer therapeutics like chemotherapeutic agents and preventive vaccines by different companies expected to foster the market share. But, high price involved in the development of the cancer therapeutics and dearth of awareness amid the owners about animal cancer are anticipated to hinder the growth of the veterinary cancer therapeutics market.
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Geographical Analysis
Based on geographically analysis, the global market is segmented into leading regions such as Asia Pacific, North America, Europe, Middle East and Latin America. Among all the regions, veterinary cancer therapeutic market in North America is anticipated to witness considerable growth rate due to the presence of leading business players in the region and increase in occurrence of cancer in pet animals. Every year, 6 million dogs and cats are brought to the hospital for diagnosis of naturally occurring cancer in U.S according to National Cancer Institute. Europe veterinary cancer therapeutics market is projected to grow at considerable rate due to the increasing awareness amid pet owners about animal health concerns. Veterinary cancer therapeutics market in Asia Pacific is anticipated to create profitable growth opportunity in the region due to the huge adaptation of pets.
Competitive Analysis
A few of the major player working in the global veterinary cancer therapeutics market are Merial (C.H. BoehringerSohn AG &Ko. KG) (Germany), Zoetis Inc. (U.S.), AB Science (France), Aratana Therapeutics (U.S.), Oasmia Pharmaceutical (Sweden), Vetivax (U.S.) and Regeneus (Australia). Aratana therapeutics made an entry into a merger agreement in October 2013 to obtain Vet Therapeutics Inc. for increasing the product pipeline.
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